SAP Knowledge Base Article - Preview

3209076 - VAT Adjustment for Cash Discount in UK Localization Database

Symptom

 When an A/R or A/P Invoice having cash discount in payment terms is added, the VAT is calculated on the discounted net price.


Read more...

Environment

SAP Business One

Product

SAP Business One all versions ; SAP Business One, version for SAP HANA all versions

Keywords

PPD, discounted terms, discounted tax, wrong, incorrect, unexpected, VAT declaration, VAT obligation, Great Britain, United Kingdom , KBA , fin , financials , SBO-ADM-SET-FIN-TAX , Tax Code Setup, Tax Code Determination , SBO-LOC-UK , United Kingdom of Great Britain and Northern Ireland , SBO-REP-FIN-ACC-TAX , Tax Reports , How To

About this page

This is a preview of a SAP Knowledge Base Article. Click more to access the full version on SAP for Me (Login required).

Search for additional results

Visit SAP Support Portal's SAP Notes and KBA Search.